Added to YB: 2025-11-12
Pitch date: 2025-11-05
VNA.DE [bullish]
Vonovia SE
-4.65%
current return
Author Info
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Company Info
Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development.
Market Cap
EUR 21.3B
Pitch Price
EUR 25.38
Price Target
N/A
Dividend
4.80%
EV/EBITDA
32.86
P/E
7.88
EV/Sales
8.93
Sector
Real Estate Management and Development
Category
growth
Medtech, telcos and AI fears - Vonovia (VNA.DE)
VNA.DE (quick overview): Rental income +3% YOY with 4%+ like-for-like growth driven by German residential pricing power. LTV improved to <46%, 3.8x interest coverage shows balance sheet strength. Non-rental services now 13% of EBITDA vs 9% prior year. Mgmt raised 2028 organic rental growth outlook to ~5%.
Read full article (2 min)